COMPANY REGISTRATION NUMBER: SC214546 CHARITY REGISTRATION NUMBER: SC030983 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Unaudited Financial Statements 31 March 2025 RITSONS Chartered Accountants Forbes House 36 Huntly Street Inverness IV3 SPR The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee F5nancial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the directorfs report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) 22 24 Statement of financial position 25 Notes to the financial statements 26 The following pages do not form part of the financial statements Detailed slatement of financial activities 37 Notes to the detailed statement of financial activities 38 The Touring Network {Highlands & Islands) Limited Company Limited by Guarantee Trustses, Annual Report (Incorporating the Directorfs Report) {widnu¢dJ Year ended 31 March 2025 The trustees. who are also the directors for the purposes of company law, present their report and the unaudtted financial statement$ of the charity for the year ended 31 March 2025. hairfs report Introduction This year has brought both challenge and celebration. In a difficult national funding climate, we were pleased to secure multi-year investment from Creative Scouand. Vlhile the award was less than we had hoped for, it provide5 a vital foundation ft)r stability and allows us to plan with greater confiden for the years ahead. At a time when many organisations face uncertainty, this outcome is testament to the strength of our fte￿0Tk and evidences the demand for cultural provision in rural and island ommunities has never been greater. In that context, I want to commend Claire and the team for their commitment and resilience. They have kept closely in step with our members. responding with care and agility to the needs of prornoters and performers. This has ensured that, despite reduced ￿SOurces, the Ne￿Ork continues lo support cultural life in communities where it matters most. Despite financial pressures, 2024125 has seen important successes and there is much to celebrate in our collective achievements The Micr￿Ne￿Ork model has grown in impacl, bringing promoters together to collaborate on well-rouled, sustainable tours that both reduce costs and deepen communtty connections. The Programming Pot has offered promoters a crucial safety net, allowing live perfomances to continue in places where they might otherwise have disappeared. Alongside this. our training, meet-ups, and advice sessions have helped members build skills and confidence, and The Gathering is already shaping up to be a highlight for 2025. I would also like to thank Simon Hart for his generous service on the Board. His experience and insights have been invaluable. and his conlribulion will be wafmty rerneMbe￿d. Looking ahead, we can build on the stability of our new funding to grow stronger. We look forward to the next round of micropnetwork tour5. to welcoming new colleagues and trustees, and to gathering once again as a nehvork in May. With these foundations In place, the flrture feels hopefvl. The Touring Network Members The Touring Ne￿Ork continues to support promoters in the Highlands and Islands, and perfoimers both in the region and further afield. Promoter Members 54 promoterslvenue members, including volunteer groups, community venues, arts cenlres, festivals and schools An Tobar & Mull Theatre ARGYLL & BufE Applocross Communty Hall HIGHLAND hrdro$$ Communty Hall HIGHLAND ArgyllArts Cojledv? ARGYLL& BUTE Amisdale & Glenelg Youth Club HIGHLAND Amisdale & Loch Hourn CommuntyA5sorAation Ltd HIGHLAND Arran Theatre &Arts Trust rth Ayrshlre Ber￿0￿ and Rashfietd ¢ommuntyASso￿at10n ARGYLL & B￿E The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (¢ryTrtinu¢d) Year ended 31 March 2025 8imamArt8 Ltd ￿mOmArts & Gonlerence Centrel PERTH & IQNROSS Boat of Garten Cth)munity Hall Promoter5 HIGHLAND Chriq's Glgs PERTH & IQNROSS Cove Burgh Haw ARGYLL& BUTE Craigmonre Centra HIGHLAND Craignish Village Hall Prtynot*rs ARGYLL& BufE GromartyArts Trust HIGHLAND Cuttufe Lechaber HIGHLAND Dundreggan Rewilding Centre HIGHLAND Dunollie Museum Castle and Grounds ARGYLL& BLTfE Dunoon Burgh HallTrust ARGYLL& BiJfE Dumess Village Hall HIGHLAND Ed8n CourtTheatre l One T9￿h NIGHLAND Eikan Eisdeal l Ea8dale Island Hall ARGYLL& BUTE Flndhom BayArts MORAY Hilttop Live HIGHLANO IslayArtsA8soaation ARGYLL& BiJfE Isle of Eigg ResidentsAssrKvation 1151e of Evag ommunity Hall HIGHLAND I￿8 of Luing Cornmunty Trust ARGYLL& BLITE Kllbrannan Sound ARGYLL& BiJfE Knoydart Comrnunty Hall HIGHLAND LylhArts Centre HIGHLAND Macphail Centre HIGHLAND MèrARfspA¢E PERTH & ￿NRoss Move Orkney Studio and perforrnance Venue ORKNEY ISLANDS Nairn Comftxjnrty andArts Cent HIGHLAND OrkneyArts Society ORKNEY ISLANDS Plod¢ton Willage Hall tIGTr*LAND ReconneGI Regal Theatre West Lothian Resol￿ CommuntyArts HIGHLAND Seaboard Centre I Seaboard MerNJrial Ha HIGHLAND SEALL HIGHLAND The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (contlnu6d) Year ended 31 March 2025 Sheland Arts l Mareel SHgfLAND ISLANDS Skye8n'dgeStudios HIGHLAND StralhearnArts PERTh & ￿NRoSs Sulhertand Sessions HIGHLAND Taigh Chearsabhagh Museum &Arts Centre NA HEILEAW SIAR ￿TERN ISLES) TaYvaIl￿h Villa9e Hal ARGYLL & BLTfE The Cinema Trust PERTH & K]NROSS The Isle of Kerrefa t)eveYowientTru5t ARGYLL & BLITE The Muir Hub H￿HLAND The National Centre of Excellence in Tradftbnal Mus HIGHLAND The Puffer Bar ARGYLL& BLrrE The ROthfi.e￿ Centre Ioban CorMiunitesTru5ti ARGYLL& BufE Universal Hall MORAY West Lcch Gigs ARGYLL& BiJfE The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (¢onllnuedJ Year ended 31 March 2025 Perfomier Membors 117 performerlproducer members.. an B8amian Mus En￿and Alan Reid City ofGlasgow Alex M&8herry City ofGla5gow Ali Burn8 VWEst Lothian Allce Mory Cooper Cty of Edinburgh Aty$ Willi8m# Cty of Glasgow Apex Music Interna￿Onal LTD Cty ofGJasgow Arcadian Meads)WS Scotti8h Border8 Articulatien Cty of Eéinburgh Barry Ntsbet SHETLAND ISLANDS Birds of Paradisa Theatre Company City of Gla$9OYI Bob Ha￿ & Hllary Btythe England Bronwen Nuton Cty ofGlasgow Catherine ￿e81sTh8atr8 Company crty of Elli￿)urgh Cha￿le0n Theatre City of Gla$gOW Chb¢ MalhaN Inverctyde ChokKa ARGYLL & BLTfE Chris Gik1ay Stirfirrtj Chris Lyrntt Com80 South Lanarkshire christi￿ Hamat¢n Consuttanty Cty of Glasgow Claire Love Wilson & Peter Lorenz International crassical Musiuan8 Scoland City ol Gla$g4w ConcertedAitistS England Curious Seed Cty of Edinburgh Da1￿ Moffat PERTH & KINROSS Dana MaGOh8rson HIGHLAND D8vKI Grubb Wa DeiseilAitson Dann5a CIty of E¢lnburgh t}rAjg￿ Ma¢kay Storytel Srthish Borders Dragon Song Productions Mldlothian Eco fjrama Cty ofGlasgtr The Touring Network (Highlands & Islands) Limited Company Llmited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {Mn¢lnuedJ Year ended 31 March 2025 Emilia Stewart HIGHLAND ÉQ DANCE GO. ARGYLL 8 BLrrE Erika 0150n England EVe￿n LaurSe Renfrewshire Ewan Mactntyr8 City ol Edinbjrgh Feral City of Glasgry Fiona Soe Paing Aberdeenshirè Fleur Darkin Projects Frfe Fox and Hound Theatre Company DUmf￿$ & Galloway Frankie Morrow En9land Graeme Leak PERTH & KINROSS Gr88nmounts Llmited ¢ty of Edinbur9h HAME-ISHARTS CIC Crty of EdinbU￿h Hopscotch Thea¢rg C¢Mmpany Cty of Glasgow Horse McDonald City ofGlasgow lain Fraser Scottish Borders City of Edinburgh Island ProductSon$ Cty of Edinburgh Jaggy ¢ty ofGla55tr14 Jane French MacKenzie HIGHLAND Jernina Thewes East LDthian Jim Maekintosh PERTH & ￿￿RoSs John Paul M850n PERTH & KINROSS Joss Camaren and John Tantalon Cty of Edir5burgh Julia MGGhee HIGHLAND Karine Powart ¢ty of Edinburgh Lauren Collier City of Glasg Lw Dawn Cty ofGlasgow Carrulhers Cty ofGla5gow Lorna Brooks Cty of Edinburyh Louise Oodds Cty of Edinburgh Mambo Jambo England Maria Ma¢Donell Angu5 Mike McKenz Mkllothlan The Touring Network {Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Direetovs Report) I￿ntInUed) Year ended 31 March 2025 Miranda Prag England Moma Burdon Cly of ErtIn￿rgh Moma Rass HIGHLAND Moteh Pawott Cty of Edlnburgh MY5h￿n,$ Ruby Warb HIGHLAND Nathan Sornevi trio Cty ofGla$gty¥ NatKinal Theatre of S¢olkind Cty ef Gla$9¢W Nick Feame H￿HLAND NLP Theatre Company Cty of Glasgow Nomian Lamortt Cty of Edinburgh O¢eanallover t￿rnfrie$ & Gallway Ckjdbodies England Paullne Vallanc* NorthAyfShire PEnny Chivas ¢ily of Glas9OW Philippa Mo Enuland Pi8nodrorrÉlSlnk Ctty of Edlnburyh PkJ IRN England Pyrrhic Lyric5 ARGYLL & BufE Riqht Line8 ProduL*o MORAY Robert King HIGHLAND Rural TourSno Agency ARGYLL& BUTE Sr4)tti5h Opera City of Glas9OW Sharon ToDk-ZozayA MOPAY Sheena Peteranna Frfe Shelagh McKay Jones InVer¢￿￿e Shffting S4nds Theatre Clackrnannanshlrè Skye Lor*ragan Crty of Edinburgh Slanjayvah Danza PERTH & KINROSS Starcatchers Cty of Elinburgh Stewart Harty and Frank MeLaughlin Cty of Edinburgh Stitch Records PERTH & KINROSS Storywagon ARGYLL & 8UTE SulKlae Renfr8wshi SUPERFAN Cty ofGJasgow The Touring Network (Highlands & Islands) Limited Company Limited by Guaranteo Trustees. Annual Report {Incorporating the Directorfs Report) (¢onUnuedJ Year ended 31 March 2025 Tashi Lhunpo Monastery UK TnA8t England Tentethooks ARGYLL & BirrE The Ensemb England The G18$gow Barnns City of Glas9OW The Walking Theatre ¢¢mpany ARGYLL& BUTE The Willow Trio Theat￿ Gu Leor Cty ofGla8gow Theatre of the 7 Direction5 MORAY rortotse in a Nutsh811 Cty of Edinburgh Townsend Yheatre Productions CIC PERTh & KINROSS Toy Hospital Fwe Tricky Hat Cty ofGlasgOW Tr￿Jger Engjand Vakri8 Levi Cty of Glasgow Vanishlng Point Cty of Gjasgu Yard Heads Cty of Edinburgh Y(*0 Pwno Gty of Edinburgh Youth Th8atreArts Scolland Cty of Edinburyh Indivi uals & Sector O anisations Oumfries & GallowayArts Fe51Nal Durnfvies & Galloway Dance North CIC MOFiAY Feis Roi5 Ltd HIGHLAND Jan8 Chur¢hill ARGYLL& BLrrE Lesley J McDonald Cty ofGla5gow Live Music N(M Scotla￿1 City ol Edinburgh Lkz Taylor Cty of Edinburgh Nicola Kenny Ctty of Edinburgh Roz Bel HIGHLAND S￿￿On McKerrell East Dunbartorkshlro The Worf¢ Room Cty ofGlasgow Tourbook The Touring Nehvork holds 25Q/o equity in Tourbook- the online showcasing platform and marketplace for live performance. Claire Mackay 15 a Director of Tourbook CIC representing The Touring Netsvork on their board. The Touring Network (Highlands & Islands) Limited Company Limited by Guarantse Trustees, Annual Report (Incorporating the Director's Report) fcontlnued) Year ended 31 March 2025 REFERENCE ANO ADMINISTRATIVE DETAILS Reglstered charity name The Touring Netsvork (Highlands & Islands) Limited Charity registration number SC030983 Company registration number SC214546 Principal offlce and registered Forbes House office 36 Huntly Street Inverness IV3 SPR Scotland THE TRUSTEES Mr R Gordon Mr A Wright MrSHart Ms R Dougall MsEMScott Mrs F R Matthew Mr P Royal Mrs A Burnett MsRM8ell Ms L J MacDonald (Retired 17 December 2024} (Rets'red 30 April 2025) {Appoinled 24 October 20241 IApFX)inled 24 October 20241 Operations manager C MacKay Independent examlner Daniel Palombo, M.A {Hons}, C.A. Forbes House 36 Huntly Street Invemess IV3 SPR The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (¢ontlnuedJ Year ended 31 March 2025 STRUCTURE AND GOVERNANCE Governing Document The organisation is a registered charity and is a company limited by guarantee. our governing document 1$ a Memorandum of Association. The Directors are finally responsible for njnning the Limited company. The members of The Touring NeI￿Ork (Highlands & Islands) are the equivalent of the shareholders of a commercial company. They are the subscribers (founder members) and the guarantors of the company Iguaranteeing to pay £1 if the company closes owing moneyl. The members elect the board of Directors al the AGM. Recruitment and Appointment of Directors The Directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the Directors are elected to seNe for a period of three years, after which they musl be revelecled at the next Annual General Meeting. To refl￿1 the demographic of our members who we seNe, our constitution states that the Board of Directors is to made up of 55.fi promoter members. 25% performer members and 20¥0 CO4)pled individuals. We ensure the dNersity of our board reflects the communities we serve by identrfying gaps in diversity in our board and recruiting accordingly. In addition, diverse representation and ski115 gaps are identified through ongoing skills monitoring of existing directors New di￿tOrS are invited to put themselves forward in advance of the AGM or are invsted to appty 8$ skills or needs require at any other time. Management and Operallons The board and staff review and set the strateglc dlrecllon of the organisation annually and also meet quarterly with the Executive Director to discuss monitoring strategic objectives and outcomes, service delivery, financial and risk management, and other matters ¢on¢erning the successfvl governance of the organisation. To ensure that geographical lo¢alion 1$ no barrfer to a¢￿ssIng or providing servitss, for nearly 10 years we have been a remote working organisalion working on a Ilexi-lime model and paying all staff a work-from-home allowance. Our current business plan sets out a programme of work lo be managed by core team of four with support from freelancers for discreet a￿8$ ofwork. We are a Real Living Wage accredited employer, offering stsff training and appraisals and are Fair Work employers. During 2024-25 the Directors held 4 board meetings online. The AGM was held Slh November 2024 at Nairn Community and Arts Centre as part of our Micro Ne￿Ork Round Table Event. staff Registsr 2025 Al the end of March 2025, the permanent Stsff team was as follows.. Claire Mackay - Executive Director Teri Laing - Communications and Engagement Manager {left 61h March 2025) Fee Shaw - Nehvork Development Manager Julia Wylie- Memtsership Officer Associate support during 24125- Geoff Hewitt- Finance Associate Jane Wilde- Think.in.form website and digital associate Nicola Kenny - Digital development project management Laura Tyrrell- Strategy and Evaluations Support The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) (continued) Year ended 31 March 2025 Risk Management A risk review of the organisation's activthes are considered together wllh the business plan and the major risks lo which the charity is exposed ￿lating to the staff, operations, finances, environmental and member activities. as identified by the Iruslees. These risk factors have been reviewed and systems have been established to mitigate exposure. Poli¢y Review We upkeep a number of policies lo ensure strong govemance and compliance. These policies are reviewed annually by the trustees. Our current policy register includes., Code of Conduct, Equalities, Diversity and Inclusion Policy & Action Plan, Environmental Policy, Expenses Policy, Equalities Monitoring and Equal Opportunities. Fair Work Statement, Financial Controls Policy and PrO￿dure, Programming Policy, Remote-working Policy, Safeguarding Policy, Staff Handbook. Evaluations We are a member-led organlsalion and design our programme and approach through ongoing consullalion with them. Our services are monitored and reviewed regularly with a mix of evaluations strategies, using a range of quantitative and qualitative metrics. to determine the impact our activities have on our members and their audiences. Through our evaluations, we can celebrate successes, or make improvements or adaptations to our delivery, where needed. Any outcomes are reported in our annual activity report. OBJECTIVES AND ACTIVITIES Our Strategy and Values Our Vision Every rural and island community in Scotland, however small, has an essential and vibrant cultural life., one that is locally rooted, nationally supported and intemalionally recognised. Our Mission To inspire and enable those who deliver remarkable performances rural and island communitle$ in the Highlands & Islands- connecting people and transfoiming pla￿$. Our Aims To ensure the cultural sector Is fairly supported in the region; access to culture, regardless of where you live. dernonslrates a just, fair SOGiety, without discrimination and invests into the wealth of cultural capital and community spaces across our region To support rurol communities to regularfy stage hlgh quality livg perfonhances. having access lo live perfomiances on our doorstep, decreases audience travel to venues further away. contributes lo the njral creative economy. offers social benefit and demonstrate5 the viability and importance of our community spaces. To ensure audlences are inspired by attending live perforniances itt rural communities; the CNI role of arts in bringing people together for a colle¢live live experience is vitsl in improving the wellbeing of our people and pla¢e$1 and insts'lling a sense of pride. To ensure professional perforniers place rural communltles at the heart of their tour plans,. a place-cenlred approach to making or touring work continues to show better outcomes and increased Sillen￿ for performers and communities. To ensure touring Is sustainable and reslllent; net-zero targets and rising costs means solutions are needed to b81ance resilience with carbon reductioh. 10 The Touring Network (Highlands & Islands) Limited Company Limitsd by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (c¢7ntlnued) Year ended 31 March 2025 Our Values lthal we believe and the how we do things are the foundations of how our organisation operates., from who and how we recruit our staff and board to how we work with our members and design our services.. in the face of an ever-changing wodd around us - these remain our guiding principles to everything we do. These are outlined below. What we Believe We believe in the unique power of the live experience. We believe live performance can transfomi people's lives by changing the way they see the worfd. It can tell stories that enact so¢ial change., tackle challenging subjects and open vital debate., it can spark joy. bring people together and immerse them in another world. Ivs also a brilliant night outl We believe in the irnportanco of remote and rural ¢ommunities. Our work is rooted in rural Communities, each with their own sense of home and belonging. A thriving CLsllural scene shows just how places shape and are shaped by people. Everyone should have access to live performance, regardless of geography. We believe in and are guided by thg Vital work of our members. Il's due to the hard work and dedication of our members that the ne￿Ork exists - we advocate for their role in the sector and promote a culture of inclusivity, learning and sharing to support their needs. Our members are enriching people's lives by making positive eontribulions to their communities. We've got their backs. How do things We bend We are responsive to the needs of our members, our team and a changing world. We value individuals and are a￿ayS learning. listening and evolving by embracing fresh thinking and new ways of working. We are authentic We genuinely care about the well-being of our people and their communities and want to see them flourish. We look after ourselves and our members and lift each other up. We are a welcoming, safe space to share and explore creative ideas,. we encourage, inspire. and seek good in what we do. We tread lightly We are mindful of our impact on the planet. We minimise waste. be it of resources, money, time, or energy and are conscious of our capacity. We look Ou￿ard to ensure our work is considered, relevant and the best il can be, seeking quality and long-term values Our Outcomes The changes we want lo make over the next three years and the best progress we see toward$ achieving our mission. 1. Members feel more connected wlth thelr peets as a result of their membership a wellvconnected Membership is more sustalnable; more ideas will be seeded and realised, tours will extend further geographically, peer-tfrpeer learning will happen organically, and members will share a greater understanding of each otherfs perspectives. 2. Tours that take place in the in Highlands and Islands wlth the support of The Touring Network are more environmentally sustainable: with the touring landscape changing due to diminishing funding and nel zero carbon targets, il is vital that any tours to our region minimise environmentsl impact and costs. 11 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantse Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025 3. Programming funds are available and easy to access for promoters. we recognise that access lo cultural funding is scarce, particularly for those who are volunteer-led and don't always have the capacity or skills lo raise funds for their arts programme. By ensuring that they can access funds when they need it most, we will provide them with a safety net lo ensure they ¢onb'nue to regulady programme events for their communities. 4. There are Ilve perfomianees taking placo in more communitles across our region. to ensure live performances are fairly supported in the Highlands & Islands it is vital that our membership reaches every corner of our region, whilst remaining proportionate to populations. By having geographic diversity in our membership, it will allow greater access to culture for more audien￿5. S. Members are supported to make their work more visible to audiences. By supporting our members to raise awareness of their individual and collective efforts, live performances in the region will be better valued and well attended. 6. Members of the Tourlng Network are supported to increase the dlverslty of thelr audlences; The Touring Ne￿Ork wants to ensure that more people, from all parts of society, can engage with live performance and will support our members lo make their audiences more dtverse. 7. The Touring Network's impacl and how we operate Is understood by th¢ cultural $e¢tor; presenting live performan¢es in rural and island communities has different challenges to urban-centered promoting. By making our members stories, data and activities more visible, it will paint a clearer picture of our netsvork 8. The Touring Network's Income streams are sufficient and diversified., currenty The Touring Network is dependent on regu18r funding from Creative Scotland, but with cultural funding becoming sCar￿r in the sector, we will work to maximize diversifying our income,. firmly repositsoning ourselves as a charity lo attract sponsorship and indwidual giving. 9. The Touring Network has a Fair Work policy In place: As we work towards realising the Scottish Government's vision of Fair Work First we will fomialty embed the Fair Work framework into how operate and deliver our programme. Why We Exist The Touring Network exist5 to support more live performances to happen in remote and rural communities in The Highlands & Islands region., addressing inequalities of cultural provision and creating vibranl places lo live, work and visit. The Highland and Island ￿lon is one of the most sparsely populated parts of Europe with a population density of 12 persons per square kilometre. Rates are lowest in Lochaber, Skye and Wesler Ross 141 and Caithness and Sutherland 15} and 30 per cent of the population live on 90 islands. The Highlands & Islands region has less access to qualty live perfomian¢e$ than vrban-centres. This inequalty contributes to cycles of decline across the region, leading lo less vibrant communities, lower quality of life, social isolation, population decline., young people leaving lo find opportunities, less demand for other businesses and services. Inequality of cuttural provision is down to several factors., Urban￿￿ntred infrastructure, lack of fvnding that is thinly spread, government and the general public de-valuing culture, specific challenges of performing in a rural context- small audiences. geographic sparseness, widespread assumptions that quality live performance only happens in urban area. The netsvork began over 40 yeafs ago as a grassroots nlovement of local community leaders who wanted access to professional live perfoThances in their communities. The network grew, and 20 12 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the DirectO￿S Report) (continuedj Year ended 31 March 2025 years later became a constibjled organisation which now holds a membership of around 60 promoter groups. The Touring Ne￿Ork is not a traditional 'rural touring scheme promoters programme independently, rather than from a prescribed menu, and the role of the organisalion is that of capacity building. Performer membership has been introduced more recently in recognition of the need to support performers to tour more effectively and support the development of relationships between performer and promoter. We overcome all these barriers by empowering, Connecting, upskilling and resourcing the communities and performers to programme professional live performances in the region through.'- easy a¢¢ess to fijnding sharing how to program and tour in the region making live events In the region more visible lo audiences. connections to the local and cultural sector advocating for the value of culture for communities and issue5 of cultural inequality. ACHIEVEMENTS AND PERFORMANCE MORE CONNECTED We've continued to encourage and enable members to easily connecl with and provide support to one another through our ne￿Ork meel-ups, promoters, panel, Seed Fund. By encouraging members to connect autonomou51y. connections grow organicalty, capa¢ity pressures on The Touring Ne￿Ork will be improved and a spirit of transparency will be modelled. 1-1 advice session Approx 533 hours dedicated to membership support in 2024125 Our support has included several 1-1 advice sessions for members covering themes such as Touring, Fundraising. Marketing support, Tourbook, Wellbeing. Contr8cting, Programming. Network Meet Ups & Training We hosted five in-person and four online meetryUPS as well as six training and learning workshops alongside partners connecting perfomiers and promolers. We focused in on Fair Fees, Environment and Culbjre, Safeguarding. Showcasing, Rural Touring with support from partners including Climate Hub Scotland, Dumfries and Galloway Arts Festival, Birds of Paradise Theatre, Eden Court Theatre, Scottish Opera, SCVO and Lindsay Dunbar. The newly fomied microwNe￿ork who hosted their first open meetup with our support in March in Resolis. The Gathgring Our flagship event connecting promote￿ from a¢ros$ the Highlands and Islands with performers, producers, funders and other creative professionals every 18 months. This will tske place in May 2025 al Strathpeffer Pavillion, with plans already in motion induding hosting a showcase selection promoters panel in Mard). Promoters Panel Our Promoters panel in 2025 was made up of six promolers who worked together to programme the line-up for our showcases al The Gathering, due to lake place in Slrathpeffer Pavillion, Highland in May 2025. Jamie Sutherland - SEALL Joanna Smith - Boat of Garten Community Hall Promoters Louise Macdonald - Eden Court Maia Eden - Hilltop Live 13 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directovs Report) (¢onfinuodJ Year ended 31 March 2025 Rachel Rogers- Craignish Roz Bell- The Touring Network Board member Willow Findlay - Birnam Arts Centre Network Focus Group The Touring Ne￿Ork Focus Group is made up of a mix of members taking into consideration geographic spread. role, experience and art form. The group Informs the activities of our ne￿Ork by providing on the ground insight, is a voice for the needs of the nehvork and provides strategic connectivity beiween members. We hosted a meeting in March where the group fed into our Creative Scotland Aclivity plan and event delivery for the coming year. The group is made up of'.- 8imam Arts, Perthshire- Willow Findlay Evelyn Laurie, Renfrewshire- Performer Hilltop Live Sessions, Highland - Oliver Dudok van Heel Mareel, Shetland - Tim Matthew Macphail Centre, Highland - Joanna Wright Rural Touring Agency - Sheena Miller Slanjayvah Danza, Perthshire- Jen Wren Starealchers, Edinburgh - Gemma Smith The Birks Cinema, Perthshire- Fiona MacEwan BETTER ROUTED Our new MiCr￿Ne￿ork model has enabled a cluster of promoters in the Highlands to work together to book and promote tours. Collaboration has led to well-routed, carbon-conscious tours, less admin and costs for performers and il has supported our nelwork to work together long term. This programme highlights the environmental impacts and costs of touring. leading lo a change in behaviour., Joined-up-thinking, and positive climate action. Mi¢ro-Network Development We have continued lo build micr￿￿e￿OrkS in the region, ensuring better routed, more sustainable tours, as well as peer support for programmers. With Mutual￿ agreed dales and clear routes betsveen venues. tours are more viable financially and environmentally. By joining forces, ￿$0[IrCes and expertise, arts venues and village halls can take risks and book and promote performances they might not normally programme. In addition, perfomiers can spend more time in each area, allowing for deeper engagement vAth ¢ommunJties. Our first Micro-Network (Highland region) was established in October 2023 and is made up of,. Applecross Community Hall . Barbara Gillies Ardross Communty Hall . Pelria Brooke-carr Cromaty Arts Trust , Nicki Slater Eden Court Highlands , Roz Bell and Lou MacDonald Nairn Communty and Arts Centre , Rhona MacDonald Resolis Memorial Hall , Juliet Martin Be￿een March 2023-August 2024 the Highland micro•network jointly booked three tours. Theatre, music and dance genres were represented, and a total of 15 shows took place across Highland micr¢>network venues featuring Goldl by Stafford Collett Frankie Morrow and Alice in VR Wonderland by Jasmin Vardimon The Highland micro-ne￿ork has continued to operate independenuy, now that funding from The Touring Network has ended. They have expanded their membership following a mini Highland meetup 14 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (conllnued) Year ended 31 March 2025 hosted at Resolis Memorial Hall in March 2025 with an ambition io work as a larger ¢olle¢tive now incorporating.. Craigmonie Centre, Hilitop Live and SEALL and Macphail Centre. In October 2024, a new Argyll & Bute micro-netsvork was established made up of.- An Tobar in Mull, Mark Ile5 Craignish Village Hall, Ra¢hel Rogers Dunoon Burgh Halls, Jane Murray Kilbrannan Sounds in Carradale, Phil Royal The Rockfield Centre in Oban. Stacey Falgate Tayvallich Village Hall, Sarah Phvzacklea and Alison Homer So far, the collaboration 1$ working with them building well-routed, carbon conscious tours due to tour summer 2025. ACCESSIBLE FUNDING Programming Pot As well*stsblished, devotved fvnders for Creative Scoland, we know that many promoters wouldnl be able to stage any live performances without access to a small pot of money. Following the Success of our po$t-¢ovid Transition Fund. we launched the new Programming Pot Fund alongside a Programming Policy to support promoter members to host live perfomiances in their communib'es. In a recent consultation, we found that the 701JA of our members are unfunded. For these members, their average programming spend was £2300 a year. 70% of that spend was rellant on them receiving it from us. The Programming Pol fund aims to:. Support the touring of 811 genres of highquality live performance Offer promoters a safety net to book shows or art forms that haven't performed in their communities before ' Stage more performances In MO￿ places Ensure performers are faidy paid Connect audiences to high quality INe performances in the region Encourage members to work together - preference will be given to shows Ihat are part of a tour There is a clear demand for this fvnd, to allow for a sustained support for promoters to keep live performances happening in their communities. Following a shortfall in funding from Creative Scotland Mulli Year fvjnd, we will continue to fvndraise to ensure this fund reaches more promoters across our legion next year. Member R¢gl•n Venvè Ty Performer Arlform Supporled Dunoon Burgh Hall Trust Eilean Eisdeal l Èasdale Island Hall Eilean Éisdeal l Easdale Island Hall Eilean Eisdeal l Easdale Island Hall Kilbrannan Sound Arts Venue or OT anisation Colonel Mustard and the Dijon I .' ARGYLL & BUTE Music ARGYLL & BUTE Communi Creel with David Duncan Musi ARGYLL & BUTE Communi Rock and Reel Musi¢ ARGYLL & BUTE ARGYLL & BUTE Communi Freelance The Antics lan Prowse Ahmed Dickinson Cardenas & Eduardo Martlrs Music Music Ta vallich Villa e Hall ARGYLL & BUTE Communi Music 15 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantse Trustees. Annual Report (Incorporating the Director's Report) fconllnuedj Year ended 31 March 2025 The Rockfield Centre Ioban Communities Trusll Arts Venue or Organisation ARGYLL & BUTE Angus and the Totem David Grubb and the Circadia I Band Music Ardross Community. Hall Arnisdale & Loch Houm Community Association Ltd Hilltop Live HIGHLAND Music HIGHLAND HIGHLAND Community l Freelance Blue Rose Code Duo Music Constant Folknver -j Music The Fallen Angels of the Moine | Community_--J-Dogstar Theatre Company l Theatre Arts Venue or Organisalion Ainsley_Harnill Trio Arts Venue or Macready - Charles Dickens l Organisation Theatrical Friend Arts Venue or Organisation Macphail Centre HIGHLAND SkyeBridgeStudios HIGHLAND Music SkyeBridgeStudios | HIGHLAND Theatre SkyeBridgeStudios HIGHLAND Wth the Devil's Assistance Theatre Spoken Word., Music Theatre Genevieve Carver & Lucie Treacher SAVED l Graeme Leak Finding Petunia Littletree I Sharon Took-zozaya Louise Bichan and co l Louise 8i¢han Findhorn BaJ Arts Findhorn Bay_Arts Move Orkney studio and performance venue MORAY MORAY , ORKNEY ISLANDS PERTH & KINROSS l Festival l Festival Freelan Arts Venue or anisation Dance Slrathearn Arts Music Top up the pot scheme We launched an opt-in donations scheme "Top up the Pot,, requesting that any promoters fijnded through The Programming Pot donate 20Qh of their profit made from box office income back into the F)ol to allow us to support more live performances in the region. Thank you to those members who opted into this scheme this year: Applecross Community Hall Ardross Community Hall Arnisdale & Loch Hourn Community Association (The Ceilidh House) Eilean EisdeaVEasdale Community Hall Macphail Cent￿, Ullapool Naim Community & Arts Centre Tayvallich Village Hall 16 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (con£lnu8d) Year ended 31 March 2025 Seed Fund This fund gives financial support lo members who want to expbre new ideas and proje¢l$ that bring benefit lo themselves and the wider network, and to better support collaborative working be￿een performers and promoters. Despile clear evidence of success of this fund lo improve collaborative working, due lo fund availability. it will be paused for 25126. Any new applications will be required to be for activity from April 2026. In 24125 our Seed Fund supported 13 members to collaborate.. Lead Member Partner Member Region ARGYLL & BUTE ARGYLL & BUTE Artforni Actlvlty Help lo attend Jazzahead, a jazz nelmorkin event in German Outdoor Community workshop. inspired by Listen lo Ihe Fores( combining dance, creative writin and live musio Building relalionships with arts and community organisations in Arnisdale, Sk e Lochalsh and Wester Ross. Songwriting workshop with Horse to accompany her live show at Naim Communi Arts. Help with travel costs and prornolional materials for The Twa Roberts, a new show exploring Robert Burns and Robert T8nnahill from a woman's ers clive. Community drop-in day to celebrate Resolis Memorial Hall and plan for its future. Support for Rural Connections. developing relationships be￿een Findhorn Bay Arts and Dumfries and Galloway arts or anisations. Travel and accommodation for workshops in Orkney, as part of a slow tour of Finding Petunia Little Tree. Louise Dodds An Tobar & Mull Theatre Craignish Ifillage Hall Promoters Music Valeria Levi Music Arnisdale & Loch Hourn Community Associab'on Ltd Nairn Cornmunity and Arts Centre Amisdale & Glenelg Youth Club Horse McDonald HIGHLAND nla HIGHLAND Music Pauline Vallance Cromaty Arts Trust HIGHLAND Music Resolis Community Arts HIGHLAND nla Findhorn Bay Arts MORAY Multi-Art form Sharon Took-zozaya Move Orkney studio and perfomiance venue ORKNEY ISLANDS Dance Birnam Arts Ltd IBimam Arts & Conference Centre John Paul Mason PERTH & KINROSS Musi¢ A new open mic ni9hl and podcast, providing local musicians wrth a platform lo practice. perfomi and promote themselves Video footage of nature to accompany live show and album lour. Two schools performances of Forgotten Or¢hard b Eco Drama PERTH & KINROSS PERTH & KINROSS Musi¢ Strathearn Arts Eco Drama Family Access Fund Many of our members are volunteers, fwlancers, carers. have other jobs andlor live in remote locations. Al of this limits their ability to access opportunities. We offer small grants lo help with travel costs, Caring responsibilities, loss of income or disability requirements this is a vital fvnd that under-pins our services and ensures there are no barriers lo acces5. 50% of members have used our Ac￿sS Fund al some point WIDER REACH We have continued to seek a clearer understanding of geographic gaps in promoter membership and to support arts activty in areas with a lack of arts provislon. Our growth strategy and values a 17 The Touring Network {Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year ended 31 March 2025 underpinned by ensuring the nettvork ￿MaInS is suslairsable, organic811y grown and accessible. Although our perfomier membership has again grown significantly this year, our promoter membership has reduced a little, along with their capacity to programme We have seen a nel increase in members across all regions, apart from Highland, where there has been a decrease. Less representation was noted again in the Isles. Reasons for cancellation and reductions in programming activity were mixed, with members citing lack of programming of capacity, no arts activity, changes in staff or financial reasons. OUR MEMBERS IN THE SPOTLIGHT We have worked lo ensure that the collective efforts of our members are seen and celebrated. We support members ongoing with their marketing efforts all of which will lead to a sense of vibrancy around the netsvork and growih in their audiences. We continue to issue monthly email Noticebtsards, highlighting ne￿Ork activity and members, news. Our partnership with Data Thistle continued, enabling our members to share event listings more widely. Our micrownetwork project was widety covered by local and regional press. We have been working hard behind the scenes on a new website which will host a members, directory, as well a5 stories and member spotlights. DIVERSE AUDIENCES The Touring Network wants to ensure that mre people, from all parts of society, can engage with live perfom)ance and has supported our member5 to make their audiences more diverse through our micro-network programme and programming poli¢y. We have worked with the micr¢>Ne￿ork to programme shows and arts engagement activity lo encourage them to increase younger people in their audience. 100% of our micro ne￿Ork reported they had attracted younger audiences due lo the programme Theatre in Schools Scotland ITISSI brings l)old, inspiring live theatre and dancé performances into schools throughout Scotland. run by the National Theatre of Scottand and Imaginate. The Touring Ne￿Ork and Theatre in Schools Scotland have worked together ¢)ver the last few years lo support better access to theatre for school aged chilJren in the region, widening their reach and removing financial risk lor schools. In 24125, with our help. it has meant that TISS could support 2 perfomers to tour lo 8 schools reaching a total of 1069 younger audience members1 CULTURAL LINKS Partnership WoTking. Events and Representation The Touring Network continues to work with the North East Arts Touring Ne￿ork {NEATI. Dumfries and Galloway Arts and Live Borders to form a shared vision for Rural Touring in Scotland. In the summer, we ctrhosled a "Rural Touring Ba¢kstsge" online event with Dumfries and Galloway Arts FestlV81, sowing the seeds to more collaborative delivery. We remain connected with a number of cultural sector peers and regional development members including Eders Court, Federation of Scottish Theatre IFSTI, Scottish Opera, Scottish Music Industy Association ISMIA), Culture, Heritage and Arts {CHARTSI, SCAN. The Director fed into a number of sector consultations and events including the SCVO village halls conference. advocating for Culture in civic spaces. The Director continues to represent The Touring Network by sitting on Cullufe for Climate's Green Arts Initiative Steering Group. Additionally, members of the team sit on boards of their local venues, taking an interest and contributsng lo the bigger picture. 18 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directofs Report) (continuedj Year ended 31 March 2025 Resouces We ended 24125, ready to launch our new our online library of advice for all those involved in touring and hosting live perfom)ance in rural Scotland. This will see us share intelligen￿, templates and advice to help members to understand the nuts, bolls and nuances of puth'ng on shows in our region. DIVERSE AUDIENCES The Touring Network wants to ensure that more people. from all parts of society, can engage with live performance. We have supported our members to make their audiell￿s more diverse through our micro-network and programming policy. Micro-Network We have worked with the microwNe￿ork to programme shows and arts engagement activity to encourage them to increase younger people in their audience. 100% of our micro neiwork reported they had attracted younger audiences due to the programme. School perfornianGes Thealre in Schools Scotland ITISSI brings bold, inspiring live theatre and dance performances into Schools throughout Scotland. run by the National Theatre of Scotland and Imaginate. The Touring Netsvork and Theatre in Schools Scotland have worked together over the last few years to support better a¢￿$S to theatre for school aged children in the region, widening their reach and removing financial risk for schools. In 24125, with our help, it has meant that TISS could support perfom)ers to tour to eight schools reaching a totsl of 1069 younger audience membersl Primary S¢ho•l •r C•mmunity Reglon Dgllos Pr#nory School land Logie Primory School) Moroy Ginger Kinr0$5 Prirnory khool Perth & Kinros$ Ginger derson s Primory School Martsy Ginger Pork Primary School rgyll (2nd 8Lrte One of Two Culloden Academy Hiohlgnd One gf Two Alness Acodèmy Highland One of Two ToSn Royol Acodemy lighland Ono of Two Wick High School lund N￿9Th Park Primary Sehooll Hlghlond Poggl¢ ond Me DIVERSIFIED INCOME lthilst income from Box office (Top up the Potl and Membership fees marginally increased, our earned and donations income and grant funding fell this year, due to lack of and the highty eompelitive nature of, arts fijnding, especialty while awaiting the news from Crealive Scottand Multi Year funding. FAIRER WORK We continue to be living wage employer and have strengthened our pollcles to reflect our commitments in this area including the introduction of new Fair Fee commitment In our progfamming policy used as part of our funding process. We have also now published a Fair Work Statement in line with Scottish Government funding requirements. 19 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) fcontlnuedj Year ended 31 March 2025 FINANCIAL REVIEW The Touring Ne￿Ork (Highland & Islands} Ltd ¢ore costs continue to be funded through regular frjnding from Creative Scoland Investment of £120,000 per annum. We continue to seek fvnds from Trusts and Foundallons with a national remit for project or CO￿ ¢osts. In light of the funding amount requested from Creative Scodand not meeting our initial ask. the board see5 the next year as period to ensure the organisalion operates at maximum efficiency with maximum impact, whilst exploring all opportunities and developing alternative income streams, thus establishing its sustainability. Reserves Policy The board members have examined the charity's requirements for reserves in light of the main risks lo the funding of the organisation. Realising that unreslri¢ted reserves are needed lo sustain the day-to-day operations of the business, the board members consider that the ideal level of reserves should be the equivalent of three month's operating costs Calculated and reviewed annually and believe this should be built up lo the desired level in stages consistent with the charity's overall financial position and its need to maintain and develop ils Charitable activities. Based on the 2024125 expenditure the level of reserves should be built up to £34,000. At 31 March 2025. the charity's reserves were £59,641 12024 - £107,803) of which £59,641 12024 - £107,803) was unrestricted. Wrthin the unrestricted reseNe$, £25,641 has been designated by the board for Programming Spend ft)r already agreed expenses for The Gathering and Argyll and Bute MiCro-Ne￿Ork. PLANS FOR FUTURE PERIODS As we look ahead, we do so wth purpose. Our multi-year funding from Creative Scotland gives us the stability to invest ¢onfidently in our members and strengthen cultural life across rural and island communities. We'll expand the micTrNe￿0rk model into new regions, supporting Collaboration that makes touring more financially and environmentally sustainable. The Programming Pot and Access Fund wlll continue to support promoters-especially those with limited resour¢es-4n bringing highquality live experiences to local audiences. We'll also focus on building skills and Gonfidence across the ne￿Ork, offering training that helps members connect with audiences in fresh, engaging ways. Divers￿)ng income remains key. We'll pursue new partnerships, sponsorship, and indivldual glving to boost resilience. At the core of everything is our ¢ommitmenl to faimess, sustainability, and inclusion-ensuring artists are paid fairly and audlences of all backgrounds ¢an a¢cess live performance. With The Gathering in May and new collaborations ahead, we're feady to embra¢e Change, deepen connections. and keep culture thriving where it's needed most 20 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢ontinued) Year ended 31 March 2025 TRUSTEES. RESPONSIBILITIES STATEMENT The trustees, who are also directors for the purposes of company law. are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generalty Accepted Accounting Practice). Company law requires the charity trustees to p￿pare financial ststements for each year which give true and fair view of the stale of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for thal period. In preparing these financial statements, the trustees are required to.. selecl suitable accounting poli¢ies and then apply them consislentty., observe the methods and principles in the applicable Charities SORP-, make judgments and a¢￿Unting estimates that a￿ ￿8$Onable and pwdent., prepare the finan¢ial statements on the going ¢on¢ern basis unless it is inappropriate to presume that the charity will ¢onlinue in business. The trustees are responsible for keeping adequate attounting re¢ord$ that are sufficient lo show and explain the charity's transacb'ons and disclose with reasonable accuracy al any lime the financial position of the charity and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for tsking reasonable Steps for the prevention and detection of fraud and other irregularitses. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. SMALL COMPANY PROVISIONS This report has been prepared in accordance with Ihe provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on trustees by.. 2111012025 and slgned on behalf of the board of MrsR Oct 21, 2025 12..21:37 GMT+ll Ms R Dougall Trustee 21 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantse Indepondent Examiner's Report to the Trustees of The Tourlng Neiwork (Highlands & Islands) Limited Year ended 31 March 2025 I report to the trL¢Stees on my examination of the financial statements of The Touring Ne￿Ork (Highlands & Islands) Limited ('the Charity,) for the year ended 31 March 2025. RESPONSIBILITIES AND BASIS OF REPORT As the twstees of the company (and also its directors for the purposes of Company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment {Scolland) Act 2005 ('the 2005 Acl'l, the Charities Accounts (Scotlandl Regulations 2006 {as amended) and the Companies Act 2006 I'the 2006 ACY). You are satisfied that the accounts of the company are not required by charity or ¢ompany law to be aud((ed and have chosen instead to have an independent examination. Having satlsfied myseff that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's ae¢ounts carried out under section 44{1llc} of the 2005 Act In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts {Scotlandl Regulations 2006 las amended). INDEPENDENT EXAMINER'S STATEMENT Since the charity is required by company law lo prepare ils ￿OUnts on an accruals basis and is registered as a charity in Scouand your examiner must be a member of a body listed in Regulation 11121 of the Charities Accounts Iscouandl Regulations 2006 las amended). I can confim) that l am qualified to undertake the examination because l am a registered member of ICAS which Is one of the listed bodies. I have completed my examination. I confirm that no matters have ¢orne to my attenb'on in connection with the examination giving me cause to believe- accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act. section 44{1llal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations.. or the financial statements do not ￿COrd wrth those ￿COrdS or with the accounting requirements of RegulalK)n 8 of the Charities A¢counls (Scotland) Regulations 2006.. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which Is not a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting ty charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021- The Touring Network (Highlands & Islands) Limited Company Llmited by Guarantee Independent Examiner's Report to the Trustees of The Touring Network (Highlands & Islands) Limited (continued) Year ended 31 March 2025 other matters To the fullest extent pemitted by law. I do not accept or assume ￿SpOnSIbIlity to anyone other than the charity and the charities, trustees as a body, for our work, for the report, or for the opinions I have formed. I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Daniel Palombo, M.A {Honsl. C.A. Independent Examiner Forbes House 36 Huntty Street Inverness IV3 SPR 2811012025 23 The Touring Network (Highlands & Islands) Limited Company Limitèd by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2025 2025 Unrestricted funds Total funds Totsl funds 2024 Nots Income and endowments Donations and legacies Charitsble activities Other income 129,412 800 129,412 800 130,389 1,65S 60 Total income 130.212 130,212 132,104 Expenditure Expenditure on chafilable activities Total expenditure {178,374) (178,374) {134.5131 (178,374) 1178,374} {134,5131 Net expenditure and net movemgnt in funds 148,1621 {48,162} 12,4091 Reconciliation of funds Total funds brought forward Total funds carried foThvard 107,803 107,803 59,641 110,212 107,803 59,641 The statement of financial a¢tivib'es includes all gains and losses recognised in the year. AJI income and expenditure derive from continuing activitses. The notes on pages 26 to 35 fomi part of these fiftanc5al statemènts. 24 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee statsment of Financial Position 31 March 2025 2025 2024 Fixed assets Tangible fixed assets Investments 15 16 1,559 25 1,086 25 1,584 1,111 Current assets Debtors Cash at bank and in hand 18 4,156 75,009 79,165 8,438 109,377 117.815 Creditors: amounts falling due within one year Net eurrent assets 19 121,108) 111,123} 106.692 $8,057 59,641 59,641 Total assets less ¢urrent liabilities 107,803 Net assets 107,803 Funds of the chority Unrestricted funds 59,641 59,641 107,803 107,803 Total charity funds 21 For the year ending 31 March 2025 the charity was entiued to exemption from audlt under section 477 of the Companies Act 20C6 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of lis financial statements for the year in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of finan¢ial statements. These financial statements have been prepared in accordance w¢th the provisions applicable to companies subject to the small companies. regime. These financial statements were approved by the board of trustees and authorised for issue on .211.ILII2025..., and are signed on behalf of the board by- MrsR Oct 21. 2025 12=21.37 GMT+ll Ms R Dougall Trustee Company Registration Number.. SC214546 The notes on pagès 26 to 35 forni part of these financial statements. 25 The Touring Network (Highlands & Islands) Limited Company Limited by Guarantee Notes to the Financial Statsments Year ended 31 March 2025 Ggngral infomiation The charity is a public benefit ent¢ty and a private company lirnited by guarantee, registered in Scotland and a registered charity in Scotland. The address of the registered Offi￿ is Forbes House, 36 Huntly Street Inverness, IV3 SPR, ScoUand. ststement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Stslement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Compan*s Act 2006. Accounting policies Basis of preparalion The finan¢ial statements have been prepared on the historical cost basis, as modffied by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable fvture. The trustees have, therefore, continued to adopt the going concem basis of accounting in preparing the annual financial ststements. Disclosuro exemptions The entity satisfies the criteria of being a qualifying entty as defined in FRS 102. As such, advantsge has been tsken of the following disclosure exemptions available under par?graph 1.12 of FRS 102-. la) No cash flow Statement has been presented for the company. Judgements and key sour¢es of ¢stimation uncertainty The preparation of the financial Statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are Continually reviewed and are based on experience and other factors, including expe¢tations of future events that are believed lo be reasonable under the circumstances. Fund a¢¢ounting Unrestricted fvnds are available for use at the discretion of the trustees to fvrther any of the charity's purposes. Designated fijnds are unrestricted funds eamiarked by the trustees for particular fvture project or mmitmenl. Restricted funds are subjected lo ￿$t￿ctionS on their expenditure deCla￿d by the donor or through the terms of an appeal, and fall into one of tsvo sub-classes.. restricted in¢ome funds or endowment funds. 26 The Touring Network (Highlands & Islands) Lirnited Company Limited by Guarantee Notes to the Financial Statements fcondnu8dJ Year ended 31 March 2025 Accounting policies (conunued) Income All incoming resource5 are included in the statement of financial activities when entiuement has passed lo the charty., il 15 probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliabty measured. The following specific policies are applied to parti¢ular ¢ategories of income.. income from donations or grants is recognised when there is evidence of entidement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt 1$ probable and entiuement is established. in¢ome from donated goods is measured at the fair value of the goods unless this is impracti¢al to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of servlces is recognised with the delivery of the contracted seNice. This is ¢lassified as unrestricted ftjnds unless there is a contractual requirement for it to be spent on a particular purpose and returned rf unspent. in which case il may be regarded as restricted. Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and Is Classified under headings of the statement of financial activities to which it ￿lateS.. expenditure on raising funds includes the costs of all fundraising activities. events, non